Ali Charts|Nov 03, 2026 17:00
BITCOIN BOTTOM IS IN. TIME TO PUSH HIGHER.
Bitcoin just dropped to $76,195, nearly touching the short-term holder realized price at $75,875.
During previous uptrends, this level has repeatedly marked local bottoms:
• March 2023: BTC bottomed at $19,979 vs. $19,794 realized price.
• June 2023: BTC bottomed at $25,130 vs. $25,600 realized price.
• May 2024: BTC bottomed at $58,325 vs. $58,570 realized price.
Each time, Bitcoin found support around this level before pushing higher. Now, history could be repeating.
With BTC once again testing the short-term holder realized price, I believe the local bottom is in and the uptrend is ready to resume.
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